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INCOME TAXES (Tables)
12 Months Ended
Jul. 31, 2021
INCOME TAXES  
Schedule of components of income tax expense

 

 

July 31,

 

 

July 31,

 

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

Loss for the year

 

$(103,795)

 

$(359,999)

 

 

 

 

 

 

 

 

 

Income tax (benefit) at statutory rate

 

$(21,797)

 

$(75,600)

Change in valuation allowance

 

 

21,797

 

 

 

75,600

 

Income tax expense per books

 

$-

 

 

$-

 

Schedule of reconciliation of the effective income tax rate to the U.S. federal statutory rate

 

 

As of July 31,

 

 

 

2021

 

 

2020

 

Statutory tax benefit

 

 

(21 )%

 

 

(21 )%

Increase in valuation allowance

 

 

21%

 

 

21%

Provision for income taxes

 

-

%

 

-

%

Schedule of net deferred tax assets

 

 

July 31,

 

 

July 31,

 

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

Net operating loss carryforward

 

$685,960

 

 

$664,163

 

Valuation allowance

 

 

(685,960)

 

 

(664,163)

Net deferred tax asset

 

$-

 

 

$-